Gated Mini-Storage and RV
16331 Cortez Boulevard BROOKSVILLE Brooksville, FL 34601
16331 Cortez Boulevard BROOKSVILLE, Brooksville, FL, 34601
$1,400,000
For Sale
$1,400,000
Gated and fenced storage facility with 94 units, two buildings totaling 13,500 SF, and separate office plus manager apartment.
Property Size13,200 SF
Lot Size1.38 Acres
Price / SF$106.06
Days on Market22
Property Features for 16331 Cortez Boulevard BROOKSVILLE
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Lot size
- 1.38 Acres
Building Details
- Year Built
- 1985
Listing agency
(407) 890-1354
Listed by
Elimar Moran
(407) 890-1354
Source
Therealestatecollection
Added: Jun 30 Updated: Jul 20 at 9:32PM Checked: Jul 21 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elimar Moran
Investment Insights
Based on property information with market context.
This for-sale mini-storage property includes two large buildings totaling 13,500 square feet, along with on-site office space and a live-in manager apartment featuring two bedrooms and one bathroom. The property provides 94 storage units plus outside RV/boat storage for additional revenue. Interior updates include freshly painted and updated facilities, and the grounds are gated and fenced for security.
The property sits on approximately 1.38 acres and is zoned C2. The public remarks indicate an average annual daily traffic count of 17,500 and proximity to Suncoast Parkway in a rapidly growing area.
An additional commercial rental space is included onsite and currently rented, along with a large office. The property is described as not being operated to its full potential, which the remarks attribute to the need for full-time management and marketing.
The property sits on approximately 1.38 acres and is zoned C2. The public remarks indicate an average annual daily traffic count of 17,500 and proximity to Suncoast Parkway in a rapidly growing area.
An additional commercial rental space is included onsite and currently rented, along with a large office. The property is described as not being operated to its full potential, which the remarks attribute to the need for full-time management and marketing.
Key Highlights
- Mini‑storage on 1.38 acres with 94 units across two large buildings totaling 13,500 SF
- Gated and fenced property with concrete perimeter foundation and paved street/state road frontage
- Separate office plus on‑site 2‑bedroom, 1‑bath apartment for a live‑in manager
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.0k | $12.50 |
| − Vacancy | −$13.7k | −$1.04 |
| EGI | $151.3k | $11.46 |
| − OpEx | −$22.7k | −$1.72 |
| NOI | $128.6k | $9.74 |
13,200 SF · lease $12.50/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.14M
NOI $128,609 @ 7.0% cap · market cap 9.19%
Second Best
Self Storage
$1.75M
$1.53M – $2.04M
NOI $122,412 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,482 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Gated and fenced storage facility with 94 units, two buildings totaling 13,500 SF, and separate office plus manager apartment.
Where is this self storage facility located?
The property is located at 16331 Cortez Boulevard BROOKSVILLE Brooksville, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Mini‑storage on 1.38 acres with 94 units across two large buildings totaling 13,500 SF; Gated and fenced property with concrete perimeter foundation and paved street/state road frontage; Separate office plus on‑site 2‑bedroom, 1‑bath apartment for a live‑in manager
